So many projects and coins are just based on hype. Sometimes even i investors and traders look around for hype and which they themselves know is not enough to make a project have a lasting effect.
This sometimes happens, because they are looking for immediate profit, leave the project after obtaining their profit and move in to another. This has been the trend, but we need to be careful.
Topic: Lessons from the fullest dip - page 5. (Read 2626 times)
Even holding will hurts all the way in the bear market it can be taken as itter lesson when your intention is to trade that coin for more money.But the good lesson we can learn from it is that the prices of crypto currencies were keep dump and bump but the current bump in the prices were more than the previous one so people who are going to buy this dip will see a new all time high for their coins.
yes many people learn from fullest dip like me i learn how to wait more longer and catch the dip so that i can make some good profits in the short period.
The only thing that I can mark as a person who had this situation. No need to lose your head. You have this deposit today, and tomorrow it can really get lost again, as it has been all your life. This is a market and you need to understand it.
I love your main point because im already feel that. Some trader also have that experience but the different is they will more careful which is learn from their experience or just let it go. Greedy and fomo really have big impact and all trader also feel that. The different is about how they control their self. Its better we always learn everyday and everytime because some of succes is from failed try but not give up.
The main lesson is that you do not need to listen to the advice of even the most powerful analysts in your opinion, do not trust the market if everyone buys to sell and vice versa.
The crash will teach alot of people a bitter lesson and they will learn from it,
they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
I hate to say this but it's all true.they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
when I first invest in cryptocurency it was all because of the hype ico was very high at the time and finally I became a hodler despite experiencing profits I never sold it I always became a greedy person and at this time I was truly destroyed because of greed.
Supporting a coin if you truly believe in it is not a bad thing, unless you are really in it purely for the money. Supporting a coin makes trading interesting, kind of like supporting a football team even though it will lead to a loss of funds
Let's say you have invested heavily in a project during the bull run, then the token price is now nowhere near the price that I bought at. What should you do during this bear run? From my experience I think it is only safe for me that I try to buy the dip to compensate my losses at the moment! Accumulate, hodl and sit back in relax. Let the project flourish and grow. Might make pretty good profit in the future after the bloodiest dip over! The crash will teach alot of people a bitter lesson and they will learn from it,
they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
Thats quite a lesson there and they are all relatable. Every Cryptocurrency newbie should jot them down and apply them to day to day trades to enable them maximise profits on coins
Thanks a lot for good lessons , especially to beginners . Do not be greedy as well, set up a point to get out from the price. Profit is profit.
One thing to also take note of is trading of a coin. If you prefer to hold a coin because of its potentials then i suggest you learn how trade with it in other to increase your total holdings. During the fall or bear conditions of a particular coin, it is seen that it normally goes up and down but not any significant increase - this is where you must learn to trade with it.
It seems to me that everyone who works with cryptocurrency faces greedily, that is why we started to deal with it!
The sky was the limit in 2017. It is standard fare in the history of financial markets. After a period of major expansion, comes a period of consolidation.
The crash will teach alot of people a bitter lesson and they will learn from it,
they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
Sometimes if we do not make mistakes, we do not learn our lessons. This is more like being thought in a hard way, because it might lead to loss.they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
Even if you have a particular coin that is your favourite, it will be be for you to know when to sell it off, except on rear occasions of some exceptional coins and cases like that are not that common.
You should always be careful with coins on the falling market, because the price can go down anytime. Moreover, you do not need to be greedy and to await huge profits on this market. Just be patient and wait for the better market.
Biggest dip is the main part of market ups and downs and it is also affect the price of the market. Crypto teach the lessons that always wait for big dip because smart investors always know about right time for investment.
The crash will teach alot of people a bitter lesson and they will learn from it,
they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
experience is needed for satisfying results, over time will increase knowledge that we can use to get the benefits as desired. learning from mistakes is the beginning of the resurrection of fragility. they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
It seems to me that the majority of people who have suffered great losses over the past year will not make any conclusions, after some time other people will take their place - who will also make the same mistakes as their predecessors. In this market there will be very few of those who have suffered great losses but have continued to invest or trade. Most people just went here forever.
The crash will teach alot of people a bitter lesson and they will learn from it,
they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
I would add another one: Never invest more than you can afford to risk/lose, specially during dip periods, as you might be driven to panic sell and lose a lot of your investment. Patience is the key when you invest in crypto. You need to keep your head when market goes crazy.
Very wise statement that bring very difficult reality. But, I also agree with those statements for all. Never love the crypto at all, we must be wiser and more careful when going to enter the new era of the crypto. Crypto will always be fluctuating because they are decentralized. By not being love too much, greedy, and hope for the big profits, we may be able to control our emotion.
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